Only one account is to be opened in one name.It may, however, be noted that the above amendments shall not be applicable to the Accounts opened prior to and these accounts shall continue till maturity only. From 13 th May 2005 it is not allowed to open the accounts of juristic persons i.e. Only INDIVIDUALS can open the Account under the Scheme.Any individual can open PPF account in any Bank.Public Provident Fund Scheme 1968 (PPF account) can be opened at all branches of Bank of Maharashtra. Salient features of PUBLIC PROVIDENT FUND (PPF) SCHEME, 1968 Financing Solar Energy Based Pumpset Loans.
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